WASHINGTON - Donald Trump is Time magazine's Person of the Year.

The president-elect's selection was announced Wednesday morning on NBC's "Today" show.

The Manhattan real estate magnate went from fiery underdog to win the White House over Democrat Hillary Clinton.

Trump won the Electoral College vote, while Clinton won the popular vote.

Time's managing editor Nancy Gibbs said Clinton was the No. 2 finalist.

Donald Trump is TIME's Person of the Year 2016 #TIMEPOY https://t.co/5pTGOksevE pic.twitter.com/N8BtqTu9Nl

— TIME (@TIME) December 7, 2016

See why Donald Trump was chosen as TIME's Person of the Year 2016 #TIMEPOY https://t.co/T7E33fClze pic.twitter.com/7OsHmndhEW

— TIME (@TIME) December 7, 2016

See why Hillary Clinton is second on TIME's Person of the Year 2016 list #TIMEPOY https://t.co/WJwihqenET pic.twitter.com/vBCiKVDxig

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— TIME (@TIME) December 7, 2016